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On Our Radar

Staples, Canadian Solar Gapping Down Wednesday

Here are stocks that gapped down today with opening prices significantly lower than the previous trading day's close:

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With an opening price of $11.27, Staples (SPLS) gapped down from its previous close of $13.46. Shares are down 14.2%, trading at a volume of 23 million. Shares are down, having dropped $1.78 (-13.4%) from a price of $13.33 on August 8, 2012. The stock has moved down across its 50-day moving average of $12.84 today.

Canadian Solar (CSIQ) opened at $2.69, gapping down from its previous close of $3.04. Shares are trading at a volume of 389,519 at a price decrease of 15.6%. Over the last month, the share price has dropped $1.29 (-33.4%) from $3.85 on July 17, 2012. The stock is trading at 79.3% of its 50-day moving average and 77.8% of its 200-day moving average.